Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.102%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.215%+$21 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.102%, 7d avg −0.007%
Together, before fees+0.119%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.109% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SKHY_USDT_Perp186.390get 0.0000% / 8h1h 28m$22K$229K10x
ShortBloFin SKHY-USDT186.580.0120get 0.0120% / 8h1h 28m$2.2M$420K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.2
Price spread: +0.102% → −0.007%
$10.85
Slippage, 4 orders
−$6.61
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$8.44
Costs to cover
0.276%
Break-even
4.7 days
Slippage from GRVT: live order book, 14 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 14 min ago1.07 bp6.1 bp −$610.8 bp −$108doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.54 bp6.5 bp −$77.6 bp −$7617.8 bp −$1,777doesn't fit

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKHYUSDT−0.1287%8h186.80+0.220%$25.1M$31.7M20xas long as short
edgeX SKHYUSDC−0.0284%4h186.40+0.005%$562K$292K10xas long as short
Nado SKHY-PERP−0.0197%1h186.72+0.178%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0189%1h186.61+0.118%$158.6M$74.7M10xas long as short
Popdex SKHYUSDT−0.0184%1h186.62+0.123%$197K$275K20xas long as short
Polymarket Perps SKHY-USD−0.0176%1h186.52+0.070%$180K$487K10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.66+0.143%$47K$19K20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0125%1h186.62+0.123%$49K$342K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.730%$63K$902K10xas long as short
Lighter SKHY−0.0072%1h186.58+0.102%$954K$1.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h186.60+0.113%$1.2M$4.2M10xas long as short
Ondo Perps SKHY-USD.P−0.0048%1h186.32−0.038%$514K$2.6M10xas long as short
Aster SKHYUSDT0.0000%8h186.72+0.177%$226K$919K50xas long as short
Extended SKHY-USD0.0000%1h186.59+0.105%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.63+0.129%$199.2M$439.8M50xas long as short
Bybit SKHYUSDT0.0000%8h186.65+0.139%$15.9M$29.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.62+0.123%$44.6M$77.7M50xas long as short
Gate SKHY_USDT0.0000%8h186.61+0.118%$25.5M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.43+0.023%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perplong0.0000%8h186.39long leg$22K$229K10x
SunX SKHY-USDT0.0000%8h186.95+0.300%$684$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h186.51+0.064%$155K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h186.63+0.129%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.55+0.086%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.45+0.032%$59K$166K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.64+0.134%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.60+0.113%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0087%8h186.56+0.091%$1.1M$329K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.61+0.118%$2K$4K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h186.58+0.102%$2.2M$420K50x
Phoenix SKHY+0.0213%1h186.53+0.075%$209K$115K10xas long as short